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Michael T.

Contributor Level

Total Points
103

1 Review by Michael

  • QuiBids

3/2/15

It says registration is free but ask for your credit card detail during the process, not showing clearly the amount of charge they are going to take from your credit card, and they charge 0.60 cent per bid. An iPhone may sell for $50 dollars, but its starting price is at 0.01. It means by the time the iPhone is sold at $50, there would be 50 * 100 = 5000 bids * 0.60 cent per bid = $3000. Basically the website makes $3000 on an iPhone sold for $50. It is a con. There can only be one winner for the iPhone, the rest of the bidders would have lost near $3000 collectively. That's why I say the website is a con.

Michael Has Earned 23 Votes

Michael T.'s review of QuiBids earned 23 Very Helpful votes

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